Goldman Sachs sees heightened risk of US recession citing concerns the Fed will ‘respond strongly’ to high inflation – Bitcoin News

Goldman Sachs sees heightened risk of US recession citing concerns the Fed will ‘respond strongly’ to high inflation – Bitcoin News

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Goldman Sachs economists now see a heightened risk of a US recession. “We are increasingly concerned that the Fed will feel compelled to respond strongly to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows sharply,” they explained. Goldman Sachs on the increased risk of recession Goldman Sachs…
ETH, BTC Rise for Back-to-Back Sessions for the First Time in Nearly 2 Weeks – Market Updates – Bitcoin News

ETH, BTC Rise for Back-to-Back Sessions for the First Time in Nearly 2 Weeks – Market Updates – Bitcoin News

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Bitcoin was trading higher for the second consecutive session on Tuesday, which is the first time it has seen consecutive gains in more than two weeks. ETH was also higher in today’s session as the bulls continued to re-enter the market. Bitcoin BTC was trading higher for the second session in a row on Tuesday…
President Biden Insists US Recession Not Inevitable – Treasury Secretary Yellen Agrees – Bitcoin News

President Biden Insists US Recession Not Inevitable – Treasury Secretary Yellen Agrees – Bitcoin News

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President Joe Biden and Treasury Secretary Janet Yellen say a US recession is not inevitable, dismissing the concerns of many economists who have predicted a coming recession. In addition, Biden insisted that the US “will overcome this inflation” while Yellen admitted that “inflation is unacceptably high.” Biden: The recession in the United States is not…
Bitcoin Price Analysis: BTC Rallies to $20K, Local Bottom Confirmed?

Bitcoin Price Analysis: BTC Rallies to $20K, Local Bottom Confirmed?

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Bitcoin price is currently testing the all-time high range of 2017 between $17K and $20K and is consistently in the shadow of lower prices, indicating excess pressure from sellers. Yesterday, BTC posted a new 18-month low of $17,600 and quickly recovered to $20,000 in the following hours. However, the downtrend momentum shows no signs of…
Bitflex Begins BETA Testing With Zero Trading Fees – Press Release – Bitcoin News

Bitflex Begins BETA Testing With Zero Trading Fees – Press Release – Bitcoin News

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Press release PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company”, “we” or “our”), a blockchain technology company in the global market, announced today that the Company will begin the BETA test of its cryptocurrency exchange and plans to officially launch the exchange in october. this year. Bitflex exchange offers an aesthetically pleasing…
Bitcoin dominance down 5% on a weekly basis as BTC plunged to a new 18-month low (Market Watch)

Bitcoin dominance down 5% on a weekly basis as BTC plunged to a new 18-month low (Market Watch)

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Bitcoin’s dominance over altcoins has declined by nearly 5% in less than a week as the asset fell below $18,000 earlier today.The bears continue to completely dominate the market as they pushed Bitcoin to a fresh 18-month low of $17,500. Altcoins are also in a state of desperation, with ETH below $1,000 and BNB below…
Your BTC Investment Is Safe, It Will Grow Immensely After The Bear Market – Markets & Prices – Bitcoin News

Your BTC Investment Is Safe, It Will Grow Immensely After The Bear Market – Markets & Prices – Bitcoin News

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The president of El Salvador has some advice for bitcoin investors. He believes that investments in the largest cryptocurrency are safe and will “grow tremendously” after the bear market. President of El Salvador on investments in Bitcoin The president of El Salvador, Nayib Bukele, has spoken out on bitcoin investments amid the sharp BTC sell-off….
Ukraine Joins the European Blockchain Association as an Observer – Blockchain Bitcoin News

Ukraine Joins the European Blockchain Association as an Observer – Blockchain Bitcoin News

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Ukraine has been granted observer status in the European Blockchain Association (EBP). Kyiv officials hope the move will make it easier for the Ukrainian government to implement blockchain technologies and lead to the adoption of more efficient crypto regulations. Ukraine Moves Towards Membership of the European Blockchain Association Ukraine has been accepted as an observer…
The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected – Featured Bitcoin News

The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected – Featured Bitcoin News

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In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there has been a growing trend of airdrop phishing scams stealing people’s money when they try to get their hands on so-called “free” crypto assets. The following is a look at…
Belgian Banking Group KBC Creates Blockchain-Based Currency – Bitcoin News

Belgian Banking Group KBC Creates Blockchain-Based Currency – Bitcoin News

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KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Your customers will be able to purchase the new proprietary coins and use them through your KBC mobile wallet and app. KBC issues digital currency for customers and partners KBC, the Brussels-based financial group…